Prices of molybdenum powder and molybdenum bar go up compared with last trading day while molybdenum concentrate price remains unchanged. At present, Chinese molybdenum prices hover at a relatively high level and traders can make more profits though sales.
However, with increasing risks of high product prices, insiders tend to cautious mentality. Operating rate of factories is low and market participants reduce enquiries for raw materials. The market will slow down activity in the short term.
Prices of molybdenum products on Aug. 08, 2018
Picture of molybdenum powder
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